BRIEFCASE DISNEY STARTS UNIT FOR GAME INDUSTRY.BURBANK - The Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. announced Wednesday that it has formed a new business unit, Buena Vista Game Entertainment Studio, and installed 14-year Disney veteran Jan E. Smith as the president. The company said Smith will continue in her current role as president of Disney Interactive while building the new organization. ``Technological changes are rapidly sweeping over the game industry,'' said Robert A. Iger, Disney's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . ``This new business unit will position The Walt Disney Company to take full advantage of this evolving landscape by consolidating our existing game activity and aggressively and creatively pursuing new opportunities and entertainment.'' Smith, who will report to Iger, joined Disney in 1987 to help create and launch The Disney Store. Vertel appoints Maassen to board WOODLAND HILLS - Vertel Corp., a provider of middleware Software that functions as a conversion or translation layer. It is also a consolidator and integrator. Custom-programmed middleware solutions have been developed for decades to enable one application to communicate with another that either runs on a different platform or comes from a for telecommunications networks A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. , announced Wednesday the appointment of Marc Maassen to its board of directors. Maassen, 50, is a member of the board of Comtec International Inc. an Englewood, Colo.-based company engaged in the acquisition of broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). and CATV (Community Antenna TV) The original name for cable TV. It used a single antenna at the highest location in the community in order to deliver a quality signal to homes in areas with hilly terrain or other interference. systems. Maassen also sits on the executive advisory board of Starsys Research Inc., of Boulder Boulder, city, United States Boulder, city (1990 pop. 83,312), seat of Boulder co., N central Colo.; inc. 1871. A Rocky Mountain resort and a suburb of Denver, it is the seat of the Univ. of Colorado (1876). , Colo., a company providing mechanical systems and engineering services to the aerospace industry. Marketer to delay 3-for-1 stock split Los Angeles-based GenesisIntermedia Inc. announced Wednesday that it is postponing the previously announced 3-for-1 forward split of its common stock, citing the market's current volatility. ``Recent conditions within the financial markets have prompted us to consider whether shareholders and the company would benefit from a stock split at this time,'' said Chairman and Chief Executive Officer Ramy El-Batrawi. ``We will re-evaluate the feasibility of this split in the near future,'' he said. GenesisIntermedia is involved in direct sales and marketing of consumer products, and interactive advertising and data mining in retail malls under the Centerlinq brand. |
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